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Limited inquiry into cooperative governance and performance suggests that best practices from corporate governance literature may not apply uniformly to cooperatives. The rarely addressed issue of endogeneity limits confidence in recommendations for corporations and cooperatives alike. By...
Persistent link: https://www.econbiz.de/10010916187
Persistent link: https://www.econbiz.de/10009021078
This paper aims to identify signs of overconfidence among corn producers in south and central-west Brazil. Over the … less than the market variance. Finally, the paper concludes that the overconfidence effect can partially explain the low …
Persistent link: https://www.econbiz.de/10005012550
Previous studies have found underestimation of risk, or overconfidence, to be pervasive. In this paper, we model … overconfidence as a reduction in perceived variance. We generalize the analysis of Sandmo and examine the effects of competition on … firms displaying overconfidence. Cases for both competitive equilibrium and imperfect competition are investigated. We show …
Persistent link: https://www.econbiz.de/10005060398
Food safety concerns have had dramatic impacts on food and livestock markets in recent years. Here we examine consumer preferences for various beef food safety assurances. In particular, we evaluate the extent to which such preferences are heterogeneous within and across country-of-residence...
Persistent link: https://www.econbiz.de/10005327211
Investment behavior at the firm level is characterized by lumpy adjustments and frequent periods of inactivity. Low investment rates are particularly puzzling in transition economies where an urgent need of modernization exists. The literature offers two explanations for. Firstly,...
Persistent link: https://www.econbiz.de/10005038977
Recently, there has been considerable interest in estimating food demand structure in China due to its huge market for … households in the central and southern parts of China. Additionally, the magnitudes of the increasing trends differ across the …
Persistent link: https://www.econbiz.de/10005804643
whole soybeans, and to a less extent, processed soybeans will increase due to China's potential membership in the World …
Persistent link: https://www.econbiz.de/10005806415
Using household survey data from seven provinces in China, this study provides estimates of the price responsiveness of … simulate the impacts of structural change in China's livestock industry on feed grain trade. …
Persistent link: https://www.econbiz.de/10005806425
We estimate the demand for imported cotton in China and assess the competitiveness of cotton-exporting countries. Given … between the C4 countries (Benin, Burkina Faso, Chad and Mali) and United States in China. Demand estimates are used to project … how U.S. prices affect China’s imports by country. In comparing demand projections, results show that the relationship …
Persistent link: https://www.econbiz.de/10009002477